🟣 SOLUSDT remains under strong bearish pressure on the H8 chart. Price has broken below the $90 support area, extending its lower-high structure beneath the descending trendline and Ichimoku cloud.
I'm watching the 90.56–98.20 sell zone. A recovery into this former support area, followed by rejection, would reinforce the bearish continuation setup.
🎯 Target: 74.11
Market Context: SOL-focused ETFs recorded $26.3M in net outflows last week, marking five consecutive weeks of withdrawals. Declining futures Open Interest and expectations of tighter Fed policy add further pressure to the recovery outlook.
A sustained H8 recovery above 98.20 would weaken the bearish setup.
AURICVERSE View: the loss of $90 strengthens the bearish structure, but selling after an extended decline offers less attractive positioning. I prefer a rejected retest of 90.56–98.20, with 74.11 remaining the main downside objective.
